Resource Development Group Limited (AU:RDG) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Resource Development Group Limited has significantly increased the mineral resource estimate for its Ant Hill Manganese Deposit in Western Australia, from 3.1 million tonnes to 8.58 million tonnes. This update, driven by extensive drilling and data consolidation, highlights the potential for manganese as a critical mineral in steel and electric vehicle battery production. The company is also exploring commercial opportunities for direct shipping ore from the Ant Hill and Sunday Hill projects.
For further insights into AU:RDG stock, check out TipRanks’ Stock Analysis page.